New FHA Policy Provides Foreclosure Alternative on Reverse Mortgages for Surviving Non-Borrowing Spouse
A new policy issued by the Federal Housing Administration (FHA) on Thursday under its Home Equity Conversion Mortgage (HECM) Program will allow reverse mortgage lenders
Fitch Ratings is sounding the alarm on residential mortgage-backed securities that contain loans serviced by Ocwen Loan Servicing, an affiliate of Ocwen Financial, telling investors
As an AMC, compliance with regulations is a critical component to success. We maintain strong relationships and continuously outperform our competitors. Regulations differ from state
Atlanta-based mortgage servicer Ocwen Financial has responded to a Notice of Nonperformance filed on Friday by law firm Gibbs & Bruns on behalf of investors BNY Mellon,
As one of the reported top wholesale lenders in the industry, United Wholesale Mortgage took on the challenge of releasing its own loan origination system.
News comes as bank continues to ditch hundreds of branches in many other markets. The bank is also experimenting with simpler “express” branches, those that